Tag: 2025 scrap outlook
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US: Ferrous scrap export index falls by $2/t w-o-w amid weak buyer activity
Holiday slowdown keeps scrap prices under pressure Market to recover as activities pick up post-holidays US ferrous scrap export prices fell by $2/t w-o-w, indicating a slow start to CY’25. Reduced buying during the New Year holidays and lower bids from mills pushed prices down. In the US domestic market, flat-rolled steel prices remained stable,…